NORTH CAROLINA ASSOCIATION FOR BIOMEDICAL RESEARCH

EIN: 561683704 501(c)(3) Medical Research

RALEIGH, NC

Total Revenue
$471,765
Total Expenses
$513,696
Total Assets
$763,053
Net Assets
$632,877
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NC
Principal Officer
SUZANNE WILKISON
Phone
9197851304
Tax Period
2024-07-01 to 2025-06-30

NORTH CAROLINA ASSOCIATION FOR BIOMEDICAL RESEARCH, founded in 1989, is a small nonprofit in the Medical Research sector that reported $472K in total revenue in fiscal year 2024.

Mission

TO PROVIDE SUPPORT FOR AND TO PROMOTE PUBLIC UNDERSTANDING OF BIOSCIENCE RESEARCH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $267,400
Program Service Revenue $197,361
Investment Income $5,720
Other Revenue $1,284
TOTAL REVENUE $471,765

Expense Breakdown

Grants Paid $35,000
Salaries & Benefits $243,326
Fundraising Expenses $13,762
Program Expenses $443,102
Other Expenses $235,370
TOTAL EXPENSES $513,696

Year-over-Year Comparison

2024 2023 Change
Revenue $471,765 $487,929 0.0%
Expenses $513,696 $482,245 +0.1%
Net Income $-41,931 $5,684 -8.4%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
27
Independent Members
27
Employees
2
Volunteers
50

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$148,204
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE WILKISON PRESIDENT 40.00
Officer
$116,029 $32,175 $148,204
DR SUSAN APPT DIRECTOR 1.00
Director
$0 $0 $0
DR SCHANTEL BOUKNIGHT DIRECTOR 1.00
Director
$0 $0 $0
DR CHARLES CARTER DIRECTOR 1.00
Director
$0 $0 $0
DR JOHN CAVANAGH DIRECTOR 1.00
Director
$0 $0 $0
DR DONDRAE COBLE VICE CHAIR 1.00
Officer Director
$0 $0 $0
JENNIFER DEW DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE EVANS DIRECTOR 1.00
Director
$0 $0 $0
DR CRAIG FLETCHER CHAIR 1.00
Officer Director
$0 $0 $0
J SCOTT GIBSON DIRECTOR 1.00
Director
$0 $0 $0
DR ANNA HAMPTON DIRECTOR 1.00
Director
$0 $0 $0
DR TRACY HEENAN DIRECTOR 1.00
Director
$0 $0 $0
DR UNDI HOFFLER DIRECTOR 1.00
Director
$0 $0 $0
DR SHAWN HOLT DIRECTOR 1.00
Director
$0 $0 $0
DR YVETTE HUET DIRECTOR 1.00
Director
$0 $0 $0
DR DENNIS KUBASKO JR DIRECTOR 1.00
Director
$0 $0 $0
DR DAVID KURTZ DIRECTOR 1.00
Director
$0 $0 $0
DR ROBERT LINDBERG DIRECTOR 1.00
Director
$0 $0 $0
DR BARBARA LOM DIRECTOR 1.00
Director
$0 $0 $0
SHANTE' MATHES DIRECTOR 1.00
Director
$0 $0 $0
DR JOHN NORTON SECRETARY 1.00
Officer Director
$0 $0 $0
DR SHERINE OBARE DIRECTOR 1.00
Director
$0 $0 $0
DR KAREN OPPELT DIRECTOR 1.00
Director
$0 $0 $0
DR JASON PAINTER TREASURER 1.00
Officer Director
$0 $0 $0
AMANDA RHOADS DIRECTOR 1.00
Director
$0 $0 $0
MARK SNEAD DIRECTOR 1.00
Director
$0 $0 $0
DR JAMIE STRONG DIRECTOR 1.00
Director
$0 $0 $0
DR JENORA WATERMAN DIRECTOR 1.00
Director
$0 $0 $0
DR MARLENA WESTCOTT DIRECTOR 1.00
Director
$0 $0 $0
DR ELIZABETH WOLFINGER DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $471,765 $513,696 $763,053 $-41,931
2024 $487,929 $482,245 $851,445 $5,684
2023 $544,411 $518,458 $758,425 $25,953
2022 $534,428 $457,433 $695,000 $76,995
2021 $428,735 $453,012 $610,639 $-24,277
2020 $522,640 $546,067 $622,663 $-23,427
2019 $510,682 $552,143 $649,906 $-41,461
2018 $554,451 $507,278 $688,768 $47,173
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